Introducing Crowd Favourites from Fueladream. For the first time ever in India you can pre-order successful crowdfunded products that have earned the backing of discerning funders. Discover a world of electric bikes, smart wallets, travel jackets, coffee table books and other cool innovations.
Regular campaigns are fundraising campaigns that support innovations, causes, events etc. and come with respective campaign goals and deadlines. Once campaigns meet their initial goal, if campaign owners choose, they can continue raising funds in the Crowd Favourites section.
These are usually campaigns in the IDEAS space and involve products. Also, once featured on Crowd Favourites, there will be no goals or deadlines associated with the campaign.Are the fees different?
Yes, they are. While normal campaigns have a 6% crowdfunding charges these campaigns have a 11% fee. Payment gateway fees (3%) and GST are extra. The cost is higher as we process funds more frequently and also because you as a campaign owner need to give us just a 7- day notice to stop the campaign and take it down. So there is no definite tenure for us as a platform. In addition, we will promote this entire section and will incur costs to do so.When will the collected funds be rolled out?
Funds raised under Crowd Favourites will be sent to the campaign owner once every 15 working days.Is the cancellation policy for funders different when campaigns are in the Crowd Favourites section?
For normal campaigns, funders can cancel their funding within 7 days of funding a campaign (except in the last 10 days of a campaign). In Crowd Favourites no cancellation of funding is allowed.Will Fueladream help promote my campaign specifically?
Fueladream has run many end-to-end, cost-effective, successful promotional campaigns and can promote your campaign specifically. We use a mix of social media and PR. We charge additional amounts for this. The additional fee will vary depending on what services are provided and your product category. Send us an email at firstname.lastname@example.org and our team will connect with you.If I've raised funds on other platforms for a campaign, can I post the same on Fueladream.com under the Crowd Favourites section?
Any crowdfunding campaign that’s reached its goal, irrespective of the platform, is eligible to be listed under Crowd Favourites. However, once you are on Fueladream.com, you are not to simultaneously run the same campaign on other crowdfunding sites as it reduces the efficacy of the campaign communication .
An additional 3% charges are applicable for campaigns that were hosted on other platforms.Can I price my products lower than what I priced them in the crowdfunding campaign?
No, that’s not allowed. Pricing of products on Crowd Favourites needs to be equal to or higher than the lowest price on your first crowdfunding campaigns. Ideally it should be higher.